May 4, 2025
Chicago 12, Melborne City, USA
Business Resilience

Dutton Announces Tax Deductible Mortgage Repayments for First-Home Buyers

SYDNEY, Australia—Opposition Leader Peter Dutton has launched his campaign in Western Sydney, promising to restore the dream of homeownership for Australians. In a new policy announcement, Dutton revealed a tax deduction on interest payments for Australians who buy their first home. At the Liverpool Catholic Club in southwest Sydney, where the Coalition hopes to peg

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Business Resilience

Parliament to Vote on Nationalising British Steel in Rare Recall Sitting

The rare Saturday sitting—the first in over 40 years—will see MPs debate the future of British Steel’s Scunthorpe plant. Parliament will be recalled on Saturday to debate draft legislation giving the government “the power to direct steel companies in England” to protect British Steel’s Scunthorpe plant, Downing Street has said. Both the Commons and the

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Business Resilience

Tech Companies Hurry Shipments to US Ahead of Tariff Imposition

In early 2025, leading PC makers such as Lenovo and HP significantly increased shipments to the United States ahead of anticipated tariffs. Technology vendors rushed to ship products to the United States in the first quarter of 2025 in a bid to beat out anticipated tariffs. In the first three months of 2025, 62.7 million

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Business Resilience

JPMorgan CEO Jamie Dimon Warns of ‘Considerable Turbulence’ Amid Tariff Threats

The top U.S. bank CEO cited ’trade wars’ and tariffs for his forecast. JPMorgan Chase CEO Jamie Dimon on Friday warned of “considerable turbulence” to the U.S. economy after tariff announcements this week as well as longstanding inflation and high deficits. In a filing with the Securities and Exchange Commission (SEC) on Friday, Dimon said

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Business Resilience

Gold Hits New Record as Prices Breach $3,200

Prices could hit $4,000 by the end of this year, an investment expert said. The price of gold continued to shoot up on April 11, surpassing the $3,200 per ounce level as investors remain concerned about the economic consequences of the ongoing tariff conflict. Spot gold prices hit a record high of $3,244.23 per ounce

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Business Resilience

Siemens Exec and His Family Named as Victims in Hudson River Helicopter Crash

The crash killed all six people on board. A Spanish Siemens executive and his family were among the six individuals who died when a tourist helicopter crashed into New York City’s Hudson River on April 10, the European technology company confirmed in a statement to media. Agustín Escobar, CEO of Rail Infrastructure at Siemens Mobility,

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Business Resilience

UK Economy Grows Faster Than Expected in February as Trump Tariff Threat Looms

The figures are a positive for Labour, but economists said growth will likely be hampered by U.S. trade policies in the coming months. Britain’s economy picked up faster than expected in February, in a boost for Labour ahead of an expected slump caused by U.S. President Donald Trump’s trade policies. The Office for National Statistics

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Canada News Resilience

Alberta Looking to Make Room for Hydrogen in Energy Mix

The government of Alberta is looking to make changes to the energy grid, including allowing ratepayers to opt for hydrogen use in their utilities. Bill 52, the Energy and Utilities Statutes Amendment Act, was introduced in the provincial legislature on April 10 by Minister of Affordability and Utilities Nathan Neudorf. He said the changes being

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Canada News Resilience

Poilievre Says He’ll Tighten Ethics Rules, Singh Pledges More Doctors, Better Roads

Tory Leader Pierre Poilievre says a Conservative government would strengthen ethics and conflict-of-interest rules for politicians, while NDP’s Jagmeet Singh promised to train more local doctors and build better roads while campaigning in Northern Ontario. Liberal Leader Mark Carney didn’t have any scheduled campaign events on April 13. During a campaign stop in Ottawa on

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Canada News Resilience

Current and Former Business, Banking Leaders Endorse Poilievre for PM in Open Letter

Over two dozen current and former Canadian business executives and bank CEOs say they are backing Pierre Poilievre’s Conservatives in the upcoming federal election. In declaring their endorsement, they say the nation needs to support free enterprise, reduce red tape, restore fiscal discipline, reform the tax system, build more pipelines, and invest in energy and

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